To Create Opportunity
Maybe it sounds a little quaint today: the Second-Chance College. But as we think about opportunity, it’s a starting point to be proud of. We take in young people who haven’t been given the chance to prove how good they are—and in many cases, don’t know how good they are.
Many are uncertain. Do they belong here? Can they succeed here?
We show them that the answer is, emphatically, yes. As a community, we embrace them, draw them out, broaden their vision and give them the foundation on which to succeed.
And here’s another key point about opportunity at the University of New Haven: We always have been, and still are, the First-Chance College. For generations, large numbers of our students have been the first in their families to go to college. We celebrate their vision and optimism—and again, we make sure that their courage is rewarded.
But opportunity takes resources, especially in the form of financial aid. More than 85 percent of our full-time undergraduate students receive some form of financial assistance from us. And as it turns out, this is an excellent investment: Our graduates get jobs and repay their loans. For example: A total of just over 1,300 University of New Haven students entered loan repayment in 2009. After three years, fewer than 6 percent had defaulted on their loans. This is half the national average—another point of pride for us.
The average annual debt incurred by our students is $7,151, for a four-year total of just over $28,000. This is far less than at other comparable schools, but it is far too high.
We can, and will, do better.
We seek $12 million in endowment funds for financial aid to ensure continued access to UNH for some of the world’s most deserving students.